Regulation

The Financial Ombudsman Service (FOS) has revealed that consumers and businesses are digging their heels in over disputes forcing it to make a greater number of decisions.

The FSA has fined Zurich Insurance UK £2.27m for failing to prevent loss of customers' confidential information - the biggest fine levied on a single firm for data security failings.

Half of private medical and dental insurance complaints received by the Financial Ombudsman Service (FOS) have been upheld in the first quarter of the year.

Claims against life and pensions intermediaries fell by a quarter last year according to the Financial Services Compensation Scheme (FSCS).

The Government's proposed new regulatory structure is nothing more than a "cosmetic" exercise that will not make a grain of difference, Lansons director of regulatory consulting Richard Hobbs says.

The FSA has outlined its timetable and intentions for dealing with the splitting of its responsibilities amongst several regulators.

The IFS School of finance has warned the All Party Parliamentary group on Insurance and Financial Services of a proliferation of "pseudo-regulators".

The British Insurance Brokers Association (BIBA) addresses the significant increases in the Financial Services Compensation Scheme (FSCS) levy.

The British Insurance Brokers Association (BIBA) has highlighted "inequality" in the current funding of the Financial Services Compensation Scheme FSCS).

The ABI has discounted fears of a pan European regulatory clash, as both the UK and the EU authorities overhaul their supervision of financial services.